After the Federal Reserve approved the second rate cut of the year, mortgage rates moved in the opposite direction as investors who fund most home loans worry about inflation. Continue reading
Rates on 30-year fixed-rate mortgages hit another 2025 low on Tuesday, dropping to 6.12 percent, nearly a full percentage point lower than January. Rates now have less room to come down. Continue reading
Fed chair dismisses suggestion that central bank could resume its purchases of mortgage-backed securities to bring down mortgage rates and improve housing affordability. Continue reading
Improve your understanding of how broad economic factors impact the housing market with this Fed explainer from Jonathan Pressman. Continue reading
Recent Trump appointee Stephen Miran was the lone dissenter in Wednesday’s 11-1 vote, holding out for a bigger, 1/2 percentage point rate cut advocated by the president. Continue reading
Central bank policymakers need time to assess Trump administration’s “substantial policy changes” in areas including tariffs, immigration, taxation and regulations Continue reading
Central bank dials back Treasury rolloffs but is not ready to cut short-term interest rates, as Fed policymakers indicate they’re more worried about inflation than they were in December. Continue reading
Requests to refinance were up 12 percent week over week and 17 percent from a year ago last week after rates for 30-year fixed-rate loans pulled back to the lowest level in six weeks. Continue reading
Trump wants lower rates. Fed Chair Jerome Powell says he’s not spoken to the President, and that “we don’t need to be in a hurry to adjust the policy stance.” Continue reading
Another worry for bond market investors is “quantitative tightening,” the Fed’s program to trim its massive holdings of government debt and mortgages. Continue reading